Opus releases new solution to simplify KYC 29 January 2019London Reporter: Jenna Lomax
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Opus has launched Clarity KYC, a know-your-customer (KYC) solution.
Clarity KYC integrates business entity identification, screening and due diligence, reporting and monitoring into a single solution.
Built on a cloud platform, Clarity KYC enables global banks to conduct KYC checks in a fraction of the time it used to take.
The product is aimed at financial services clients, providing a software-as-a-service solution that reduces the time and cost of client onboarding and improves the speed and accuracy of the customer due diligence process.
According to Opus, Clarity KYC reduces the amount of effort needed to conduct research by due diligence and identifying hidden risks.
Emanuele Conti, CEO of Opus, said: “Our banking customers have asked us for a faster and easier way to meet their due diligence and compliance needs in KYC, anti-money laundering and other related areas.”
He added: “We worked with them to design this new solution, pulling in advanced entity resolution and workflow capabilities into a more modern and intuitive user experience. We are looking forward to helping all of our customers simplify their processes, save time and reduce their risks.”
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